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110 ILCS 992/ – An Act concerning education. | Midpage
Collections
Illinois Compiled Statutes
Education
Chapter 110
992
110 ILCS 992/
An Act concerning education.
1-1
Short title
1-5
Definitions
10-5
Student Loan Ombudsman
15-10
Licensee name
15-15
Application process; investigation; fees
15-20
Application form
15-25
Student loan servicer license application and issuance
15-30
Averments of licensee
15-35
Refusal to issue license
15-40
License issuance and renewal; fees
15-5
Scope; requirement for student loan servicing license
20-10
Bank and Trust Company Fund
20-15
Examination; prohibited activities
20-20
Subpoena power of the Secretary
20-25
Report required of licensee
20-30
Suspension; revocation of licenses; fines
20-35
Investigation of complaints
20-40
Additional investigation and examination authority
20-45
Confidential information
20-5
Functions; powers; duties
20-50
Confidentiality
20-55
Reports of violations
20-60
Rules and regulations of the Secretary
20-65
Appeal and review
20-70
Violations of this Act; Secretary's orders
20-75
Collection of compensation
20-80
Licensure fees
20-85
Injunction
25-5
Enforcement; Consumer Fraud and Deceptive Business Practices Act
5-10
Payment processing
5-15
Fees
5-20
Billing statements
5-25
Payment histories
5-30
Specialized assistance for student loan borrowers
5-35
Disclosures related to discharge and cancellation
5-40
Income-driven repayment plan certifications
5-45
Information to be provided to private education loan borrowers
5-5
General provisions
5-50
Cosigner release
5-55
Payoff statements
5-60
Requirements related to the transfer of servicing
5-65
Requests for assistance; account dispute resolution; appeals
5-70
Cosigner release rights
5-75
Cosigner and borrower rights
5-80
Bankruptcy or death of cosigner
5-85
Total and permanent disability of borrower or cosigner
7-1
Purpose and construction
7-10
Monthly payment affordability
7-100
Construction against implicit authority
7-105
Application of other Acts
7-110
Rulemaking
7-15
Maximum effective annual percentage rate
7-20
Limits on duration of EISAs
7-25
Risk sharing
7-3
Applicability
7-30
Limits on covered income
7-35
Fees permitted
7-40
Restriction on security interest
7-41
Refinancing
7-45
Discharge of obligations
7-5
Definitions
7-50
Prohibition on cosigners
7-55
Limitation on acceleration
7-60
No assignment of wages
7-65
Limitations on garnishment
7-70
Use of multiple agreements
7-75
Required disclosures
7-80
Early completion
7-85
Assumption of increase in future income
7-90
Receipts; statements of account; evidence of payment
7-95
Adjustment of dollar amounts
99-1
Severability
99-99
Effective date